ASND - Discussion, but no quotes Message Board

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Technology Stocks : ASND - Discussion, but no quotes

ASND 197.59

-0.8%

Nov 7 9:30 AM EST

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To: Gary Korn who wrote (97)	9/15/1997 8:49:00 AM
From: Carl R.	of 186

Gary, I seriously believe that the stock will move up to 40 by Friday due to options expiration. The options contibute 2-3 million shares of upwards pressure, but there are also lots of people who will trade based of options expiration, some like me using the pressure towards the mean theory, others preferring to believe in a market maker conspiricy. However once we get by Friday, all bets are off. There aren't many Oct options. Thus the stock will resume its own direction, which could be up or down in the short run. People likr Tim who are buying on a move to 40 will sell, giving downwards pressure, so the next move could well be down. Carl

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